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Lumber Liquidators Holdings Inc (LL.N)

LL.N on New York Stock Exchange

27.93USD
24 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Lumber Liquidators announces Q3 loss per share $0.66
Tuesday, 31 Oct 2017 06:00am EDT 

Oct 31 (Reuters) - Lumber Liquidators Holdings Inc :Lumber Liquidators announces third quarter 2017 financial results.Q3 sales $257.2 million versus I/B/E/S view $261.7 million.Q3 same store sales rose 3.8 percent.Q3 loss per share $0.66.Q3 earnings per share view $0.02 -- Thomson Reuters I/B/E/S.Lumber Liquidators Holdings Inc says it ‍remains "confident in long-term strength" of its business model​.Lumber Liquidators - ‍SG&A negatively impacted in quarter by $18 million increase to reserve for MOU related to MDL and Abrasion MDL, asset impairment.  Full Article

Lumber Liquidators says as result of settlement of MDL, recognized additional charge to earnings of $18 mln within SG&A expense during Q3 2017
Tuesday, 24 Oct 2017 06:04pm EDT 

Oct 24 (Reuters) - Lumber Liquidators Holdings Inc ::Lumber Liquidators -as result of settlement of MDL, recognized additional charge to earnings of $18 million within SG&A expense during Q3 2017.  Full Article

Lumber Liquidators announces MOU to settle class actions related to chinese-laminate flooring
Tuesday, 24 Oct 2017 05:15pm EDT 

Oct 25 (Reuters) - Lumber Liquidators Holdings Inc :Lumber Liquidators Holdings Inc announces memorandum of understanding to settle class actions related to chinese-laminate flooring.Lumber Liquidators Holdings Inc - ‍co,plaintiffs in formaldehyde mdl​,entered into MOU to settle litigation related to chinese-manufactured laminate flooring sold by co.Lumber Liquidators Holdings Inc - co to contribute $22 million in cash and provide $14 million in store-credit vouchers for an aggregate settlement of $36 million​.  Full Article

Lumber Liquidators announces Q2 earnings per share $0.16
Tuesday, 1 Aug 2017 06:01am EDT 

Aug 1 (Reuters) - Lumber Liquidators Holdings Inc :Lumber Liquidators announces second quarter 2017 financial results.Q2 sales $263.5 million versus I/B/E/S view $256.8 million.Q2 same store sales rose 8.8 percent.Q2 earnings per share $0.16.Lumber Liquidators - ‍Three months ended June 30, 2016 results negatively impacted by $5.5 million in estimated anti-dumping charges, among other things.  Full Article

Lumber Liquidators says Q4 sales rose 4.3 pct
Tuesday, 21 Feb 2017 07:51am EST 

Lumber Liquidators Holdings Inc : Net sales in the fourth quarter of 2016 were $244.9 million, an increase of 4.3 percent . Quarterly loss of $0.20 per diluted share .Q4 earnings per share view $-0.31, revenue view $242.2 million -- Thomson Reuters I/B/E/S.  Full Article

Lumber Liquidators says US District Court granted approval of proposed settlement in securities class action
Thursday, 17 Nov 2016 05:15pm EST 

Lumber Liquidators Holdings Inc : United States District Court granted final approval of proposed settlement in consolidated securities class action . On Nov 17, court entered final judgment dismissing all claims with respect to all defendants in securities litigation and derivative litigation . Pursuant to terms of securities class action stipulation, co issued shares on Nov 17, 2016 with an approximate value of $16.8 million . Derivative litigation to be settled for combination of corporate governance changes, payment of $26.0 million in insurance proceeds . Expects to contribute, through its insurers, $26.0 million in cash to a settlement fund in Q4 of 2016 - SEC filing . In Q4 of 2016, company expects to recognize a non-cash, pre-tax gain of approximately $2.9 million .Expects to record a $26.0 million reduction to both insurance receivable, accrued securities class action.  Full Article

Lumber Liquidators reports Q3 results
Monday, 31 Oct 2016 06:01am EDT 

Lumber Liquidators Holdings Inc : Lumber Liquidators Holdings Inc says gross margin was 31.4 pct in Q3 of 2016, compared with 30.1 pct in prior year period . Q3 sales $244.1 million versus I/B/E/S view $231.6 million . Q3 loss per share $0.68 .Q3 earnings per share view $-0.19 -- Thomson Reuters I/B/E/S.  Full Article

Lumber Liquidators Holdings, units entered into a third amended and restated credit agreement
Friday, 19 Aug 2016 04:32pm EDT 

Lumber Liquidators Holdings Inc : On August 17, co, units entered into a third amended and restated credit agreement - SEC filing . Borrowers also have the option to increase revolving credit facility up to a maximum total amount of $200 million .Under the credit agreement, the agent and the lenders increased revolving credit facility from $100 million to $150 million.  Full Article

Lumber Liquidators to get $100,000 settlement for costs incurred in defending lawsuit
Tuesday, 16 Aug 2016 04:30pm EDT 

Lumber Liquidators Holdings Inc : Lumber Liquidators announces final resolution in Proposition 65 lawsuit . Company to also receive $100,000 settlement from plaintiffs for costs incurred in defending lawsuit .Agreement also requires plaintiffs to surrender their right to appeal or challenge judgment.  Full Article

Lumber Liquidators posts Q2 loss of $0.45/share
Wednesday, 27 Jul 2016 06:00am EDT 

Lumber Liquidators Holdings Inc: Lumber Liquidators announces second quarter 2016 financial results . Q2 loss per share $0.45 . Q2 sales $238.1 million versus I/B/E/S view $240.6 million . Q2 earnings per share view $-0.25 -- Thomson Reuters I/B/E/S . Qtrly non-comparable store net sales increased $8.1 million over comparable prior year period . Qtrly comparable store net sales decline of 7.2% . Gross margin was 29.7% in Q2 of 2016, compared with 25.1% in prior year period . Believes customers invoiced impacted by change in strategy from promotional period prior year to strategic pricing approach .Believes demand for certain product categories decreased as assortment of products did not match changes in customer trends.  Full Article